By our Special Correspondent
In a major development, the Asian Development Bank on Wednesday decided to extend financial assistance of Rs 8,000 crore for the construction of Amaravati, the capital city of Andhra Pradesh.
The ADB loan will be provided in Japanese yen and will be utilised to develop key infrastructure, including trunk infrastructure, a government complex, and neighbourhood infrastructure in Amaravati, benefiting farmers who are the stakeholders under the land pooling schemes.
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